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Lexit: About the Platform

LEXIT is a marketplace for mergers & acquisitions, individual property trading and the buying and selling of whole businesses - all that on the blockchain.

The core of the LEXIT solution is the automated back-office legal solution generated by a system of smart contracts in a trustless way which eliminates the need for a trusted third party to oversee compliance and take a heavy legal fee.

Thanks to the cost-cutting aspect of the solution, LEXIT makes the marketplace open to smaller startups as well as larger corporations.

Some of the use cases of LEXIT:

Startups can list and re-sell their proprietary technology solutions to gain liquidity

Discarded startup projects can be bought up as whole

Corporations can acquire smaller competing businesses to stay in the leading position in their industry

Lexit: Token Promotion & Results

Lexit organized an airdrop for social media engagement in February 2018 in which the team distributed 2% of the total LXT token supply (1,600,000 LXT).

The official Twitter @LexitCO raked up around 19K followers during the airdrop campaign. The follower count has been stable since than which shows the audience is genuine and does not get hit by regular bot removals.

The Business Intelligence for Lexit

The Lexit marketplace and LXT token are a project of LEXIT Technologies OÜ, a company registered in Estonia with address Jõe tn 4a Kesklinna linnaosa, Tallinn Harju maakond 10151.

Lexit has partnered with Selfkey, one of the blockchain solutions for identity management similar to Civic or Traceto.io. According to Lexit, Selfkey was chosen over its competitors because it builds not only individual identity verification but also that of whole companies or corporations.

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